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Condo, Development

40-Unit Condo Building Slated for New West Site

Applications have been submitted to the City of New Westminster in order to rezone a site at 909-915 Twelfth Street, at the corner of Twelfth and London Streets at the edge of the Moody Park Neighbourhood. The 13,000 SF combined site is currently older single storey commercial buildings.

The proposal for the site is a 5-storey condo building that includes:

  • 40 condo units;
  • 2 studios, 14 one-bedrooms, 18 two-bedrooms & 6 three-bedrooms;
  • a total density of 2.50 FAR;
  • a building height of 64 ft.;
  • 61 underground parking spaces.
  • purchase of a portion of the City-owned lane.

The architect for the project is Vivid Green Architecture.

The site was assembled in 2017 for $4,460,000 or $136 per buildable SF based on the application.

July 12, 2020by david.taylor@colliers.com
Apartment, Development

424-Unit Rental Tower Planned for New Westminster Site

Wesgroup has applied to the City of New Westminster for a zoning bylaw amendment for a site that they own at 100 Braid Street in the Sapperton area.

The site was previously rezoned in 2016 from light industrial to mixed use to allow a 21-storey condo tower. The lot is 47,006 SF and is adjacent to the new Urban Academy School (also subject of the previous rezoning), and just south of the large Master Planned Sapperton Green project. It is currently occupied by four commercial tenants.

The revised proposal for the site is a 35-storey, 100% market rental tower that includes:

  • 424 rental units;
  • 57 studios, 260 one-bedrooms, 86 two-bedrooms & 21 three-bedrooms;
  • a total density of 6.60 FSR;
  • a building height of 390 ft.;
  • 422 underground parking spaces;
  • 4,252 SF of community art gallery/studio space that would be offered to tenants at discounted rents.

There will be a 5-storey mixed-use podium. The podium would be situated on the north and east frontages while the tower would be located at the northeast corner of the site. An art gallery/studio space would be provided at the ground-level within the podium along the Braid Street frontage adjacent to the Urban Academy School.

The proposal would include townhouses on the south frontage that would be accessed from within the development as well as from a private walkway that runs along the south and east edges of the site. This walkway would also provide access to other groundoriented units located within the easterly podium levels. The development would share a vehicular entry and multi-use pathway with the school to the west. The parkade entrance
for the building would be located off of the shared driveway between this site and Urban Academy.

The architect for the project is Chris Dikeakos.

July 12, 2020by david.taylor@colliers.com
Development

FOR SALE: 29-Acre North Vancouver Residential Site

I am pleased to present this rare opportunity to acquire a unique 29 acre site in North Vancouver. The site comprises two RS-1 zoned lots with future redevelopment potential.

Please click here for further details: https://www.collierscanada.com/en-CA/Properties/for-sale-29-acres-of-residential-zoned-land-in-north-vancouver/CAN-lot-1-browning-place-north-vancouver-bc-north-vancouver-british-columbia-canada/CAN2005721

July 10, 2020by david.taylor@colliers.com
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